The competition to design the
reverse of this coin was opened in September 2014. It was won in March
2015 by 15-year-old David Pearce from Walsall, and unveiled by Chancellor
George Osborne during his Budget announcement. The design features a rose,
leek, thistle and shamrock bound by a crown. much hype is still centred
around the new coin with misinformed sellers putting them on auction sites as wrong dated 2016, the Royal Mint started production in 2016 to meet
the demand for it's debut in 2017.

The new £1 coin entered
circulation in March it feature's 12 sides. Billed to become the most
secure circulating coin in the world, the new £1 has been formally named
‘The Nations of the Crown 2017 UK £1. The coin was designed by 15-year-old
David Pearce following a public competition in 2015. The new design is
made up of the English rose, the Welsh leek, the Scottish thistle and the
Northern Irish shamrock emerging from one stem within a royal coronet to
represent the four constituent countries of the United Kingdom.